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20121009
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of explanations to why the gas prices are spiking. one energy specialist is stating that the federal government should look into it. the zero oil price information service stated that the average gas price and california is $4.48 a gallon. this is up 175 from just yesterday. >> there is always an explanation. >> the explanation this time is due to a shortage due to the fire at the chevron factory. there was also a power failure in southern california. the energy consultants say they do not buy it. >> we are not have a shortage. in fact he stated that this is a crisis without a cause. this has to be a form of gaming. he is not ready to say that there is price fixing or collusion going on but he did state that the government should look into it. this is a good time to launch an investigation. the governor of california has called on an investigation to see why the prices have risen but so far no action has been taken. >> we will be bringing you gas prize checks all around the area. some of the gas stations are showing there is pressure is up by at least 20%. >> this is ridiculous that it went up
.36. and in oakland, $4.52. and is there any justification for this increase? dan kerman spoke with energy economist. >> gas prices continued to rise over california and with oil prices saying that the average price in california is $4.48. that is up 17¢ from yesterday. and it is up 35¢ from one week ago when the it was $4.13. >> $4.30 one week ago. >> there is always an explanation but does this make any sense. >> the shortage. with august fire at the richmond refinery. and the chevron pipeline problem and a power problem at a ianother location. however, this person does not buy this. >> we have more supply we are not having a shortage. >> in fact the spike in gas prices is a crisis without a cause. >> this is in some form of demand. we do not have an identifiable cause. >> there is no price fixing going on but he says that it is time for the federal government to look into it. >> supply is up, demand is down. we are going to launch an investigation on what is going on commission to investigate. so far, the federal trade commission has not followed through. dan kerman, kron 4. >> when gasoline pr
energy tips and sharing information about his father. the next presidential debate is on october 15th new york and next week, joe biden and paul brien will take the stage. and kron 4 will have that life. go to our new channel. comcast 193 for the latest news, weather and traffic updates and to watch all the presidential speeches. uninterrupted. and on digital 4.2. this radical moslem terror charges are in new-york. these men were extradited from england. he is facing charges of consume conspiracy. d in oregon. christine has more. >> radical extremists and four other men are right in the u.s. early saturday from london. they are facing terror charges went london saying that they could be extradited and immediately. some of these men are being held at the manhattan correctional facility before their fourth court appearance. egypt was one of the highest profile radicals speakers and britain. with this conspiracy connection with the 16 westerners in yemen. and conspiring with others to establish a training camp in oregon. from of north london mosque his itinerary ---gained international atten
Search Results 0 to 2 of about 3